Forbes Top 10 Richest Musicians in South Africa 2023

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Last Updated on February 27, 2023

Top 10 Richest Musicians in South Africa

Forbes magazine released the list of the 10 richest African musicians in 2022 and their net worth. Musical artists are worth billions of shillings and come mainly from West and South African regions. Senegalese Youssou N’Dour and Akon top the list with a net worth of KSh17.4 billion and KSh9.6 billion respectively.

Top 10 Richest Musicians in Africa

Forbes Magazine’s list of the top 10 richest African musicians in 2022.

1. Youssou N’Dour

Youssou N’Dour is a Senegalese musician, songwriter and occasional actor.

He is also a businessman and a politician, born on October 1959. The oldest musician, according to Clacified.

N’Dour tops the Forbes list of the richest African artists with a net worth of $145 million (KSh 17.4 billion).

2. Akon

Aliaune Damala Badala Akon Thiam is the second richest African artist, with a net worth of $80 million (KSh 9.6 billion).

Akon was born in 1973 in Dakar, Senegal and rose to music prominence as a singer and songwriter in 2004.

He is a music producer and an entrepreneur.

3. Black Coffee

Nkosinathi Innocent Sizwe Maphumulo, commonly known as Black Coffee, is a South African musician and songwriter.

Black Coffee became third on the Forbes top 10 list of the richest musicians with a net of $60 million (KSh 7.2 billion).

He is a music producer and a DJ and won two DJ Awards since he joined the music industry in 1994.

4. Wizkid

Ayodeji Ibrahim Balogun, alias Wizkid, net worth, according to the Forbes list, is $21 million (KSh 2.5 billion).

The Nigerian bagged many brand ambassador endorsements with MTN Nigeria and GLO, which earned him $240,000 million (KSh 28.8 trillion).

5. Davido

David Adeleke became the fifth on the list of the richest African musicians in 2022, posting $19 million (KSh 2.3 billion).

In 2021, the Nigerian bagged the highest earnings of between $20,000 (KSh 2.4 million) in Nigeria and $30,000 (KSh 3.6 million) on international shows.

6. Don Jazzy

Collins Michael Ajereh, popularly known as Don Jazzy, is worth $18 million (KSh 2.2 billion).

The Nigerian is a music producer and entrepreneur known to uplift upcoming artists.

7. Burna Boy

Damini Ebunoluwa Ogulu’s net worth is estimated at $17 million (KSh 2.04 billion).

Popularly known as Burna Boy, the Nigerian singer and songwriter hit the music industry in 2012.

8. 2Face Idibia

Innocent Ujah Idibia, known by his stage name 2Face Idibia, is estimated to be worth $16 million (KSh 1.9 billion).

The Nigerian won the MTV Music Award, Headies and BET Awards, which earned him great fortunes in the music industry.

9. Rude Boy

Paul Okeye, alias Rude Boy, was ranked position nine in the Forbes top 10 richest African musicians, with a net worth of $16 million (KSh 1.9 billion).

The musician rose to music prominence in partnership with his brother Peter Okeye, popularly known as P-Square.

10. Timaya

Inetimi Timaya Odon is estimated to be worth $12 million (KSh 1.4 billion).

The Nigerian is best known as dancehall king and bagged several awards that earned him a fortune in the Nigerian music industry.

Top 10 Richest Musicians in South Africa 2023

There are many great Musicians in South Africa, in different area of specialization. Some specialized on Amapiano, Gqom, house music, Hip-hop, gospel and lot more.

Below are the top 10 richest South African Musicians with their net worth.

10. Kabza De Small – R22.83 million

His musical specialization is Amapiano, a local house music genre (A South African Afro House Dance Floor Music Genre). Kabza De Small is from Mpumalanga, but he grew up in Pretoria and spent the majority of his life there.

He charges tens of thousands of dollars per performance. His net worth is estimated to be $1.5 millions (R12.2 million) as of 2023.

9. DJ Maphorisa – R34.8 million

Have you ever wondered what Dj Maphorisa is worth? He is a seasoned South African music producer and disc jockey who has carved out a remarkable career for himself by producing a number of commercially successful songs. According to Nubia Magazine’s estimates, DJ Maphorisa’s net worth is around 2.3 million dollars, or R34.8 million.

8. Nasty C – R35.44 million

Nasty C is a rapper, songwriter, and record producer from South Africa. He’s signed to Def Jam Records right now. Nasty C has a net worth of $2.3 million dollars (30.44 million Rands).

Nasty C, a South African musician, rose to notoriety following the release of his mixtape Price City in 2015.

7. DJ Euphonik – R38.05 million

He is not only a DJ, but also a radio host, a music producer, and a real estate investor, with a total of 14 properties in Johannesburg. He is currently in possession of a Bentley. It is estimated that е is worth more than $2.5 million (R38.05 million). He made his fortune not only from a lot of luck, but also from his real estate investments and collaborations.

6. Juanita Du Plessis – R45.66 million

Since she began her music career, she has released approximately thirty (30) albums, with a total sales of 1.35 million albums. For her 30 or so albums produced over the years, she has reached gold and multi-platinum status, according to her sales data. Her net worth is believed to be $3 million. She is ranked 6th on this list of South Africa’s wealthiest musicians for 2020. Over 2.400,000 copies of her records have been sold.

5. Rebecca Malope – R135.25 million

Rebecca Malope is a well-known gospel singer from South Africa. Her career, which spans over 30 years, has earned her the title of African Queen of Gospel Music. She has 35 gospel CDs to her credit and has served as a show judge on some of Africa’s most prominent television shows. Rebecca Malope’s net worth is estimated to be $8.9 million (R135.25 million). she is the richest Gospel singer in South Africa and third on the least of Africa top ten richest Musician.

4. Die Antwoord – R150 .6 million

Since 2009, the music group has been in the music industry. Ninja and Yolandi Visser, a male and female rapper, and Dj Hi-Tek, a producer, make up Die Antwoord, a prominent South African ensemble. Die Antwoord have an R150.6 million net worth. he is the fourth on the list of top 10 South Africa Musician.

3. AKA – R167.6 million

Kiernan Jarryd Forbes, better known by his stage name AKA, is a South African rapper who is well-known internationally and has won numerous honors for his rhyming abilities. The musician from South Africa has a net worth of R155.6 million. He stand at number 2 with a different of roughly R118 million from the first position.

2. Cassper Nyovest – R182.55 million

Cassper Nyovest, whose real name is Refiloe Maele Phoolo, is one of South Africa’s wealthiest musicians. He is a musician as well as a brand ambassador for a number of South African businesses. Cassper Nyovest has a R182.5 million net worth.

1. Black Coffee – R213.5 million

Nkosinathi Innocent Maphumulo, better known as Black Coffee, is one of South Africa’s wealthiest musicians and DJs, with a 22-year career. His singing career and record company, Soulistic Music, have earned him a net worth of R28.5 million ($14 million)

Mnqobi Mdabe (Shota) and Thandukwazi Sikhosana were his schoolmates while he worked as a backup singer for Madala Kunene (Demor). Maphumulo, Shota, and Demor later created SHANA (Simply Hot and Naturally African), an Afro-pop trio signed to Melt 2000, which was then led by Robert Trunz.

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